Quarterly report pursuant to Section 13 or 15(d)

ASSET RETIREMENT OBLIGATION (Tables)

v3.8.0.1
ASSET RETIREMENT OBLIGATION (Tables)
3 Months Ended
Mar. 31, 2018
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of Asset Retirement Obligations [Table Text Block]
Changes in the asset retirement obligation were as follows:
 
Balance, December 31, 2017
 
$
9,055,697
 
Liabilities incurred
 
 
380,807
 
Liabilities settled
 
 
(149,772)
 
Accretion expense
 
 
161,120
 
Balance, March 31, 2018
 
$
9,447,852